300 S Nimbus Ave, Clearwater, Florida 33765

  • $2,000,000

Overview

Property ID: HZA4699732
  • Multi-Family 5+, Commercial Sale
  • Property Type
  • 7359 Sqft
  • Area Size

Description

Fully-stabilized 10-unit apartment community in central Clearwater’s Sky Crest submarket, offered at $2, 000, 000 ($200, 000/unit). This 1964 concrete-block, two-story walk-up offers nine renovated units, updated kitchens with stainless appliances, quartz counters, tile backsplash, vinyl-plank flooring and in-unit washer/dryer, plus one larger 2BR/2BA in original condition for renovate-to-premium upside. Unit mix: three 1BR/1BA, six 2BR/1BA, one 2BR/2BA. In-place rents sit below market across every type, giving a new owner low-risk mark-to-market upside as leases turn; five units are currently month-to-month. Central HVAC and on-site carport parking. Minutes to Gulf-to-Bay Blvd, US-19, downtown Clearwater and the Gulf beaches. Offering memorandum and financials available on request. Showings by appointment through listing office, please do not disturb tenants.

  • Address: 300 S NIMBUS AVENUE
  • City: Clearwater
  • State/county: FL
  • Zip/Postal Code: 33765
  • Country: US

Details

Updated on July 12, 2026 at 2:01 am
  • Property ID HZA4699732
  • Price $2,000,000
  • Property Size 7359 Sqft
  • Land Area 0.25 Acres
  • Year Built 1964
  • Property Type Multi-Family 5+, Commercial Sale
  • Property Status Active

Additional details

  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • County Pinellas
  • Property Type Commercial Sale

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Jamie Stevens

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